YEARLY HIGH
0.0122 NOK
YEARLY LOW
0.0102 NOK
YEARLY AVERAGE
0.0113 NOK

2021 CLP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CLP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0122. Conversely, the yearly low was recorded on October 20, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0019 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0106, the exchange rate registered a net change of -10.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0122 was down 11.82% compared to the 2020 peak of 0.0138, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 12,168 NOK
2020 Average 11,887 NOK
Yearly Trough Low 10,219 NOK
Transaction Impact: A difference of 1,948.74 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0120
0.0102
JanuMarcMayJulySeptNove

CLP to NOK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0117, compared to 0.0110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0117
H2 Avg (Jul–Dec) 0.0110

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0007 NOK (High: 0.0110 / Low: 0.0102). On the other end, June was the most stable month, with a tight range of 0.0003 NOK (High: 0.0118 / Low: 0.0114).

December Spread (Volatile) ±0.0007
June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0118) against the same month in 2020 (average: 0.0116), the exchange rate shifted by +0.0002 (+1.90%).

2021 Avg (January) 0.0118
2020 Avg (January) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0122 0.0115 0.0118
February 0.0120 0.0115 0.0118
March 0.0120 0.0115 0.0117
April 0.0120 0.0115 0.0118
May 0.0119 0.0113 0.0117
June 0.0118 0.0114 0.0116
July 0.0119 0.0115 0.0117
August 0.0117 0.0111 0.0113
September 0.0113 0.0108 0.0110
October 0.0107 0.0102 0.0104
November 0.0110 0.0104 0.0108
December 0.0110 0.0102 0.0106